INTRODUCTIONThe Omani banking sector mainly the product of a November 1974 banking rule set by the Central Bank of Oman (CBO) enforced by April 1974 .The law also helped the entry of foreign – owned banks and to allow growth in the number of local banks in the Sultanate . As of September 1992 there were twenty – one commercial banks in comparison with three registered banks in 1972. In addition there were three expert development banks: the Oman Development Bank (1977) the Oman Housing Bank (1977) and the Oman Bank for Agriculture and Fisheries (1981). However the Omani ba-nk market is the smallest in the GCC .Of the twenty –one commercial banks eleven are foreign owned and dealing mainly on financing trade. Ten are local banks working a very active market. Because of competition the government suggested to merges to strengthen them. The presumption is that five or six local banks will appear as the core with those facing financial problem controlling transaction or merging with more profitable institution. A similar method may apply to foreign banks of which only five or six would continue to perform important business.

The CBO took over the Oman Currency Board which was establish in 1972 to issue currency control government accounts and fulfill banking transaction with commercial banks and international organization . The board’s job includes taking care of the government s odd assets. The CBO is authorized to give loans to the government to cover short term shortages in currency incomes to buy government treasury notes and guarantees with long term maturities ten years to give loans to commercial banks and to buy sell discount and rediscount commercial paper. In 1991 the banking order was changed to help allow the CBO to cancel the license or arrest the movement of banks under its control allowing the CBO to close review control a bank directly.

BANK MUSCATBank Muscat is the leading financial services provider in Oman with assets worth over USD 18 billion, having strong presence in Corporate Banking, Retail Banking, Investment Banking, Treasury, Private Banking and Asset Management. The Bank has the largest network of 126 branches and 362 Automated Teller Machines (ATM), 112 Cash Dispensing Machines (CDM) and 4500 Point of Sale (POS) terminals. Bank Muscat’s international operations consist of a branch each in Riyadh (KSA) and Kuwait, a Representative Office in Dubai (UAE) and strategic stakes of 49% in BMI Bank in Bahrain and 43% in Mangal Kershav Holdings in India, besides Silk bank Limited in Pakistan.

Bank Muscat holds the rare distinction of being voted the (Best Bank in Oman) by The Banker, Global Finance and Euromoney. Bank Muscat is also the winner of the prestigious Hewitt recognition as the Middle East’s Best Employer, and was awarded ( The Strongest Bank in Oman) at the Asian Banker Leadership Achievement Awards 2010. BankMuscat holds the rare distinction of being voted the ‘Best Bank in Oman’ for seven years by The Banker, FT London; nine years in a row by Global Finance and Euromoney. BankMuscat is the recipient of the prestigious Hewitt...

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ON
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BASIC CONCEPTS OF ONLINE TRADING OF SHARES”
AT
KOTAK MAHINDRA BANK Ltd.
Kotak house, Surat
SUBMITTED IN PARTIAL FULFILMENT OF THE
REQUIREMENT
OF
POST GRADUATE DIPLOMA IN MANAGEMENT
(Approved by AICTE, Government of India)
ACADEMIC SESSION 2012-2014
Institute for Technology and Management
Under the Kind Guidance of
Industry Guide:Ms. Jignesh Raval
(Branch Sales Manager)
Faculty Guide:
Prof. B.V.R.Murty
Deputy Director, ITM GLC
Submitted by
Niyati Gandhi
PGDM -1621
ACKNOWLEDGEMENT
It’s a privilege to be associated with Kotak Mahindra Bank Limited, a Kotak
Group of companies which has emerged as one of the leading financial
conglomerates.
I articulate my sincere gratitude to my project guide Mr. Jignesh Raval (Branch
Sales Manager), who has spend his valuable time and guided me throughout the
training process in spite of his busy schedule, in shaping my project as well as
providing necessary information regarding the project and also for his support in
completing the project.
I am very grateful to thank the employees of the kotak Mahindra bank ltd. who
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during my banking hours.
I would also like to thank to my Faculty Guide Prof. B.V.R.Murty, Deputy
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INDEX
SR.NO.
CONTENTS
PAGE
1)
Index
1
2)
Introduction to Online Banking
2
3)
Sources of Data
3
4)
Application of Mean
8
5)
Merits of Online Banking
8
6)
Demerits of Online Banking
9
7)
Internet Banking Risks
9
8)
Conclusion
10
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